The group behind My Spark Denver submitted enough approved signatures to get the proposal on the city’s November 8 ballot. The initiative proposes raising Denver recreational marijuana sales taxes by 4.5 percent in order to subsidize $1,000 stipends that would be distributed to Denver families for learning enrichment programs.
According to proponents of My Spark Denver, the tax hike would collect $22.5 million annually that would serve an estimated 20,000 kids ages five to eighteen. Under the proposal, 0.3 percent of Denver’s current marijuana tax revenue, or around $1.5 million per year,…
All news and articles are copyrighted to the respective authors and/or News Broadcasters. RockyDailyNews.Com is an independent Online News Aggregator
Read more from original source here…